Ghana Infrastructure Report

Providing expert analysis, independent forecasts and competitive intelligence on the Infrastructure industry.

Report includes: BMI Industry View, Industry SWOT Analysis, BMI Industry Forecast, BMI's Infrastructure Risk Reward Index, Market Overview and Company Profiles.

Why you should buy this report

  • Gain independent insight into the outlook for the infrastructure industry through BMI's 10 year forecasts
  • Understand the market through analysis of projects , investment plans and key players
  • Understand the threats to your operations and investments and protect your company against future risks
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Ghana Infrastructure Report
Product Price
$1,295.00

BMI View: Ghana's construction industry growth is on an upward trajectory as the government directs significant expenditure into infrastructure development, notably in the transport and power sectors. A narrowing budget deficit and increased revenue from oil exports will support its expansionary fiscal policy.

Forecast & Industry Developments

  • We are maintaining our upbeat outlook for Ghana's construction industry as it benefits from the government's commitment to reining in public spending and improving investor confidence in operating in the market. The sector is forecast to record 4.2% real growth in 2017 and expand at an annual average of 6.6% in real terms over our forecast period up to 2025.

  • Industry growth will be supported by ongoing investment into port infrastructure as Ghana works to sustain its strong transport logistics profile in Sub-Saharan Africa (SSA), as well as investment into power infrastructure to tackle the inadequate electricity supply. We also highlight developments in commercial construction as a driver of industry growth, as demand grows for formal retail space on the back of increased essentials spending.

  • While the country has yet to finalise its draft Public-Private Partnerships Bill, it has shown a willingness to engage with the private sector in developing its renewables energy sector.

Five-Year Forecast Scenario (Ghana 2017-2021)
2017f 2018f 2019f 2020f 2021f
f = BMI forecast. Source: BMI
Construction industry value, GHSbn 22.52 26.51 31.12 36.52 42.82
Construction Industry Value, Real Growth, % y-o-y 4.16 6.00 6.67 7.37 7.26
Construction Industry Value, % of GDP 10.8 10.7 10.7 10.8 10.9

Risk/Reward Indices

  • Ghana comes in eighth place out of 18 markets in our Infrastructure Risk/Reward Index for SSA, with its score of 40.8 out of 100 above the regional average of 39.2.

  • Supply chain disruptions and increased input costs owing to power shortages remain a chief deterrent to entering the market.

Infrastructure Risk/Reward Index (Ghana 2016)
Risk/Reward Index Rewards Industry Rewards Country Rewards Risks Industry Risks Country Risks
Source: BMI
40.8 37.4 32.5 46.5 48.6 50.0 47.7
BMI Industry View
5
Table: 5-Year Forecast Scenario (Ghana 2016-2020)
5
Table: Infrastructure Risk/Reward Index (Ghana 2016)
6
SWOT
7
Infrastructure SWOT
7
Industry Forecast
9
Construction And Infrastructure Forecast Scenario
9
Table: 10 Year Forecast Scenario (Ghana 2015-2025)
9
Table: Major Power Projects By Value, USDmn
14
Industry Risk Reward Ratings
21
Ghana - Infrastructure Risk/Reward Index
21
Rewards
21
Risks
21
Sub-Saharan Africa Risk/Reward Index
22
Table: SSA RRI
31
Methodology
32
Industry Forecast Methodology
32
Sector-Specific Methodology
33
Risk/Reward Index Methodology
37
Sector-Specific Methodology
38
Table: Infrastructure Risk/Reward Index Indicators
38
Table: Weighting Of Indicators
39

The Ghana Infrastructure Report features BMI Research's market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.

BMI's Ghana Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Ghanaian infrastructure and construction industry.

Key Benefits

  • Benchmark BMI's independent infrastructure industry forecasts for Ghana to test other views - a key input for successful budgetary and planning in the Ghanaian infrastructure market.
  • Target business opportunities and risks in the Ghanaian infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Ghana.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts, views and trend analysis covering infrastructure and construction, regulatory changes, major investments and projects and significant national and multinational company developments. These are broken down into construction (social, commercial and residential), transport (roads, railways, ports, airports, etc), and energy & utilities (powerplants, pipelines and so on).

Industry SWOT Analysis

Analysis of the major strengths, weaknesses, opportunities and threats within the infrastructure and construction sectors and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (up to 2012) and forecasts to end-2024 for all key industry indicators, supported by explicit assumptions, plus analysis of key developments in the market and risks to the main forecasts. Indicators include:

Construction: Industry value (USDbn); contribution to GDP (%); total capital investment (USDbn); real growth (%).

Construction industry real growth forecasts (%) and industry value (USDbn) forecasts for industry sectors are split into Residential and Non-residential and Infrastructure sectors. Where the data is available for particular countries the infrastructure is further broken down into indicators for the transport subsectors of roads, railways, airports and ports and the energy and utilities sub-sectors of power plants and transmission grids, oil & gas pipelines and water infrastructure. This dataset is unique to the market.

The reports also include analysis of latest projects across the infrastructure sectors (transport, utilities, commercial construction).

BMI’s Infrastructure Risk Reward Index

BMI’s Risk Reward Index provides investors (construction companies, suppliers and partners) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and  demographic data points. These provide indices of highest to lowest appeal to investors, with each position explained.

Market Overview

An assessment of the competitive landscape and key challenges to entering the market. Details of the largest companies active in the sector across the sub-segments of the industry, including the key financial figures from some of the largest players in the sector.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Sources

The Infrastructure reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.